Car ownership is predicted to decline as self-driving cars hit the roads, with more people, especially in cities, opting for a taxi or shuttle. When that happens, Ford wants to be the company supplying taxi operators with vehicles. In a blog post, Ford vice president of autonomous vehicles, Sherif Marakby,…

After working with partners for over a year, ride-sharing app Lyft has announced it will create its own autonomous division, which will focus on all the self-driving parts apart from car manufacturing. The company will double the size of its workforce to build the hardware, software, and services. See Also:…

Amber, a mobility startup, has an ambitious plan to deploy self-driving cars in Dutch cities by mid-2018. The team, a spin-out of the Eindhoven University of Technology, is building a ride-sharing platform that will use student drivers to start, before switching to autonomous vehicles. It uses a predictive analytics platform…

The self-driving car industry could be worth $7 trillion by 2050, according to a report published by Intel and Strategy Analytics. The report splits the estimate into three main revenue streams: $3.7 trillion into “consumer mobility-as-a-service” $3 trillion into “business mobility-as-a-service” $200 billion into in-vehicle applications and services Intel expects…